No part of this publication may be reproduced or distributed in any form or by any means, electronic or mechanical, including photocopying, recording, storage in an information retrieval system, or otherwise, without permission in writing from the publisher.
8th Edition Revisions by Timothy W. Stabley and Joyce Turner
Printed in the United States of America 20 19 18 17 16 15 14 13 12 11 10 9 8
PREFACE
INTRODUCTION
The purpose of this text/workbook is to provide step-by-step procedures for solving basic business mathematical problems using hand and calculator operations. The text/workbook also includes basic, intermediate, and advanced business applications.
DESCRIPTION
This text/workbook is designed to facilitate self-paced instruction. The step-by-step procedures for solving problems are presented for calculator computations as well as for hand computations. Before beginning Unit I, a mathematical pretest is used to enable the instructor to analyze each student's mathematical ability. Test results are used to make adjustments in assignments and in the amount of personal instruction given.
The basic operations of the electronic calculator are explained in a simple, easy-to-understand language. The explanation is followed with step-by-step instructions for sample problems. The sequence of function keys in the calculator units is also illustrated. For each unit, practice exercises are included to apply the basic skill. Frequent self-tests are included to enable students to check their own mastery of function keys presented in the part/unit. Answers to practice exercises are given at the end of each part/unit to give students immediate feedback on their progress.
PERFORMANCE OBJECTIVES
Clearly stated performance objectives are found at the beginning of each unit throughout the text/workbook. Adequate exercises are included to allow students to meet the performance objectives.
TESTING
Each part ends with a self-test to check a student’s mastery of the function keys presented in the part. Each unit ends with a test of the performance objectives stated at the beginning of the unit.
ORGANIZATION
The Business Math Using the Electronic Calculator text/workbook is designed for individualized, self-paced instructional methods. This method is flexible and allows a student to progress at his or her own rate of comprehension.
The text/workbook begins with a review of basic business math operations. The next two units familiarize the student with the basic operational keys on the ten-key electronic calculator. After these units, the text/workbook presents the business math and calculator operations involved in basic, intermediate, and advanced business applications.
Unit I: A Review of Basic Business Math Operations
This paper-and-pencil unit reviews the basic mathematical operations including addition, subtraction, multiplication, and division of whole numbers, decimals, and fractions, as well as percentage formulas.
Unit II: Using the 9 Basic Function Keys of a Calculator
This unit provides step-by-step instruction in the basic operations of the ten-key electronic printing calculator by means of function keys for the process of addition, subtraction, multiplication, and division. This unit also includes the subtotal, grand total, and percent keys.
Unit III: Using the Accumulator Keys of a Calculator
To perform business computations with ease and efficiency, the calculator is equipped with additional function keys. This unit provides step-by-step instruction in the operation of the accumulator keys.
Unit IV: Basic Business Applications
This unit provides step-by-step instruction in basic business applications including invoicing and discounts, payroll, and interest.
Unit V: Intermediate Business Applications
This unit provides step-by-step instruction in intermediate business applications including merchandising calculations, cross footing, and prorating.
Unit VI: Advanced Business Applications. This unit provides step-by-step instruction in advanced business applications including depreciation, merchandise inventory costing, discounting notes, bad debts expenditure, and horizontal and vertical analysis of financial statements.
Note: Units V and VI are contained in Business Math Using the Electronic Calculator, Volume 2.
ACKNOWLEDGMENTS
The author acknowledges the invaluable assistance in the preparation and checking of the manuscript contributions of CSB's business math instructors to the contents of this text: Scott Meldrum, Deanna Kern, Sara Gantt, and Jean McCullough. The author thanks Gary Morrison, Kathleen Rodgers, and Linda Stevenson for their invaluable assistance in the preparation of this manuscript.
All names and addresses used in this book are fictitious. The use of the actual name or address of any person, company, or organization is entirely coincidental.
Learning Objective:
· Combine media based on the project storyboard
· Develop interactions as identified in the project storyboard
· Prepare assessments as identified in the design document and project storyboard
Learning Activities:
· Develop learning materials for use by learners
· Review the design of learning materials in a produced form and make adjustments as necessary to achieve learning objectives
· Test the functionality of learning materials for release to learners
Target Dates
Week 20-26
On going
(@114 hours)
Evaluation Criteria:
· Coordination with design document and storyboard
· Effective usability design
· Functional level of the learning materials
· Thoroughness of the learning activity deliverables
· Overall quality of the learning activities deliverables
Develop Learning Materials
(Work book info)
BUSINESS MATH Using the ELECTRONIC CALCULATOR
Volume I
Units I-IV
Fran Federman
Safran Publishing Company Inc.
York City Business & Industry Park
1605 Clugston Road
York, PA 17404-1779
(717) 767-6520
FAX (717) 764-9469
Copyright © 2009
by
Safran Publishing Company Inc.
York, PA
All Rights Reserved
No part of this publication may be reproduced or distributed in any form
or by any means, electronic or mechanical, including photocopying,
recording, storage in an information retrieval system, or otherwise,
without permission in writing from the publisher.
8th Edition Revisions
by
Timothy W. Stabley
and
Joyce Turner
Printed in the United States of America
20 19 18 17 16 15 14 13 12 11 10 9 8
PREFACE
INTRODUCTION
The purpose of this text/workbook is to provide step-by-step procedures for solving basic
business mathematical problems using hand and calculator operations. The
text/workbook also includes basic, intermediate, and advanced business applications.
DESCRIPTION
This text/workbook is designed to facilitate self-paced instruction. The step-by-step procedures
for solving problems are presented for calculator computations as well as for hand
computations. Before beginning Unit I, a mathematical pretest is used to enable
the instructor to analyze each student's mathematical ability. Test results are used to make
adjustments in assignments and in the amount of personal instruction given.
The basic operations of the electronic calculator are explained in a simple, easy-to-understand
language. The explanation is followed with step-by-step instructions for sample
problems. The sequence of function keys in the calculator units is also illustrated. For each
unit, practice exercises are included to apply the basic skill. Frequent self-tests are included to
enable students to check their own mastery of function keys presented in the part/unit. Answers
to practice exercises are given at the end of each part/unit to give students immediate feedback
on their progress.
PERFORMANCE OBJECTIVES
Clearly stated performance objectives are found at the beginning of each unit throughout the
text/workbook. Adequate exercises are included to allow students to meet the performance
objectives.
TESTING
Each part ends with a self-test to check a student’s mastery of the function keys
presented in the part. Each unit ends with a test of the performance objectives stated at the
beginning of the unit.
ORGANIZATION
The Business Math Using the Electronic Calculator text/workbook is designed for individualized,
self-paced instructional methods. This method is flexible and allows a student to progress at his
or her own rate of comprehension.
The text/workbook begins with a review of basic business math operations. The
next two units familiarize the student with the basic operational keys on the ten-key electronic
calculator. After these units, the text/workbook presents the business math and calculator
operations involved in basic, intermediate, and advanced business applications.
Unit I: A Review of Basic Business Math Operations
This paper-and-pencil unit reviews the basic mathematical operations including
addition, subtraction, multiplication, and division of whole numbers, decimals, and fractions, as
well as percentage formulas.
Unit II: Using the 9 Basic Function Keys of a Calculator
This unit provides step-by-step instruction in the basic operations of the ten-key electronic printing
calculator by means of function keys for the process of addition, subtraction, multiplication, and
division. This unit also includes the subtotal, grand total, and percent keys.
Unit III: Using the Accumulator Keys of a Calculator
To perform business computations with ease and efficiency, the calculator is equipped with
additional function keys. This unit provides step-by-step instruction in the operation of the
accumulator keys.
Unit IV: Basic Business Applications
This unit provides step-by-step instruction in basic business applications including invoicing and
discounts, payroll, and interest.
Unit V: Intermediate Business Applications
This unit provides step-by-step instruction in intermediate business applications including
merchandising calculations, cross footing, and prorating.
Unit VI: Advanced Business Applications.
This unit provides step-by-step instruction in advanced business applications
including depreciation, merchandise inventory costing, discounting notes, bad debts
expenditure, and horizontal and vertical analysis of financial statements.
Note: Units V and VI are contained in Business Math Using the Electronic Calculator, Volume 2.
ACKNOWLEDGMENTS
The author acknowledges the invaluable assistance in the preparation and
checking of the manuscript contributions of CSB's business math instructors to the contents
of this text: Scott Meldrum, Deanna Kern, Sara Gantt, and Jean McCullough. The author thanks
Gary Morrison, Kathleen Rodgers, and Linda Stevenson for their invaluable assistance in the
preparation of this manuscript.
All names and addresses used in this book are fictitious. The use of the actual name or address
of any person, company, or organization is entirely coincidental.
Learning Objective:
· Combine media based on the project storyboard· Develop interactions as identified in the project storyboard
· Prepare assessments as identified in the design document and project storyboard
Learning Activities:
· Develop learning materials for use by learners· Review the design of learning materials in a produced form and make adjustments as necessary to achieve learning objectives
· Test the functionality of learning materials for release to learners
Target Dates
Week 20-26On going
(@114 hours)
Evaluation Criteria:
· Coordination with design document and storyboard· Effective usability design
· Functional level of the learning materials
· Thoroughness of the learning activity deliverables
· Overall quality of the learning activities deliverables